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assume that you will receive $2000 a year in years 1 through 5, $3000 a year in years 6 through 8, and $4000 in year

assume that you will receive $2000 a year in years 1 through 5, $3000 a year in years 6 through 8, and $4000 in year 9, with all cash flows yo be received at the end of the year. if you require a 14 per cent rate of return, what is the present value of these cash flows?

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